₦airaland Forum

raumdeuter:
Did this lady just come up with the blackmail attempt recently?

Yes

He was contacted by Business Insider to comment on the story before they publish

That's when he went crying to the crazies on Twitter that he is switching to Republican and he will be targetted.

How is Business Insider a far-left organisation

Instead of facing his accusation, he is screaming witch-hunt like most Republicans when caught in a compromising situation, knowing that the tools on that side will swallow it.

He has beef with a single lady, the lady suddenly became a far-left illuminati network, and a Financial Newspaper suddenly became far-left. Do you think Fox News will pass up such a salacious story if the woman brought it to them?

What does far-left have to do with it?

Mumu people.

leofab:
that’s what the Germans thought in 1942… don’t joke with the sheer effects of coalition.. the war will drag on for two more year while sanctions will keep weakening Russian economy.. ukraine might soon be on the offensive towards Moscow.

Ukraine will never invade Russia because that brings Nuclear weapons into play per Russia's military doctrine. An attack on the homeland is cause for nukes. Ukraine know that and will not cross the border

Capaldi:
Jorginho's agent while speaking to 1 Station Radio amidst Juventus links: "He still has a year of contract with the Blues, the renewal is the priority."He also plays in the Premier League, which is certainly a more important championship than the Italian one.

This agent with with his see through negotiation tactics

Now it's time to negotiate with Juventus, he is acting like Chelsea are offering big bucks to Jorginho so Juve up their price

Before he was threatening Chelsea with interest from Juve.

Looks like Juve and Spurs are in for Perisic and Juve seems to be favourite

Father Abraham scored a brace yesterday bringing his tally to 27 goals

GloriousGbola:

https://www.youtube.com/watch?v=sW-ggbuuZ4w

this is the world them paul ryan trump and co are wishing for

a world where i would accept my place at the very bottom of society

that world where i would over 40 and the most i would ever be is a janitor on a train with those fresh faced kids calling me boy and me saying yessir, yessir yesir like a trained monkey.

a world where only white people have the opportunity to live the american dream.

maybe there would be a few house negroes to show the rest the best they could aspire to be

The supporters of the White Nationalist party think they could live and thrive in a world that would be created by the current far-right arm of their party. Dumb niggas.

benalvino3:
No one wants you to call them uncle Tom.

You attack any black person who chill with trump and then turn around and accuse trump for not having blacks chilling with him.

If Trump and your America first people had many blacks chilling with them, nobody would call them Uncle Tom

Every black face not in that Trump crowd is a family being denied an opportunity. Talk about the Great replacement.

But I know some of you, you will say you will fight to be the black man in the corner, like say na only you carry brain come.

Obama interns Vs Trump interns

Some people will think opportunities fall from the sky, not from the society that people created.

Shout out that brother in the corner.

Those who failed in the West should not comment

raumdeuter:
https://i.guim.co.uk/img/media/7cdbccfc73af42d827fbbe0492c7ab5015115327/0_32_4174_2505/master/4174.jpg?width=620&quality=85&auto=format&fit=max&s=2e479b13303b632391a14b720786ff45

Who are these in the picture above? Are these not the new MPs elected by your party in your country?

Probably thats why you feel they are denying you the ability to live in dignity, earn and cater for your family

You are trying and failing. New MPs in which election? I guess the 2019 election where a lot of homogeneous villages in the North fell to the Conservatives. I doubt you could find 2 black men in those towns.

Talk what you know. The three most powerful positions in Govt are ethnics

raumdeuter:
I cant speak for the UK since I don't live there but in the US where I live no one has ever denied me the ability to earn and live

Maybe he is talking about the UK conservative party

https://i.guim.co.uk/img/media/7cdbccfc73af42d827fbbe0492c7ab5015115327/0_32_4174_2505/master/4174.jpg?width=620&quality=85&auto=format&fit=max&s=2e479b13303b632391a14b720786ff45

Boris Johnson runs the most ethnically diverse cabinet of all time. No 2, 3 and 4 in his Government aren't even white.

E done dey pain you, you are busy searching and failing. These are his ministers

benalvino3:
Ask him why blacks are flocking to red states and why blacks are so poor in blue states. If na republicans they control where blacks plenty like Baltimore etc. Person for understand

How are the black guys doing in Mississippi and Jacksonville? I guess they are not the most wretched in the country?

raumdeuter:
Who are the types gaining power in the UK where you live?

This is a picture of a UK conservative politician and his aides

No wonder why Ibime is projecting his UK problems to the US

https://i2-prod.mirror.co.uk/incoming/article25699204.ece/ALTERNATES/s1200d/3_PARTY.jpg

I can already see one black guy and one Indian in that small crowd.

Besides you do know that some MPs represent constituencies that are completely homogeneous. There are 650 constituencies in UK.

Paul Ryan filled an auditorium and showed the kind of America they are building

benalvino3:
Lmao. Your friends and cousin were looking for who to marry with your help in the UK. I came back to Nigeria where I can do better things for myself. I hope you found them a wife.

I should have found you a wife

raumdeuter:
No one in America where I've lived for most of my adult life has stopped me from living with dignity, earn and cater for myself Despite living through 4 presidents Democrat or Republican while living in a Blue and in a red state

If you have been stopped from all those while living in America then speak for yourself

Ostrich in the sand.

You lived most of your life in saner times

I'm sure some Jews said same in 1920 in Germany while those that didn't like them were gaining in power slowly.

Lest I forget, that's why you voted out the guy who brought these crazies "because you don't do hate" in your words

benalvino3:
This is just rubbish.

Says someone who never made it even in a liberal UK

raumdeuter:
Nobody likes me. And I am not looking for people to like me. In the world nobody likes anyone they are only for their interest.

On your side of the aisle, who are those who really like you and not just using you as a pawn for their own political chess match?

Do they really like you or just conveniently use you for their own gain at this time

Oga who cares whether people like you or not

We are talking about whether the people currently on your side of the aisle would have the human decency to allow you to live in dignity, earn and cater for your family if they had absolute power in every sector of society

Or would they be like Paul Ryan here and feed only themselves. I bet same will replicate itself through MTG, Gosar, Crawthorn, Boebert and all the crazies currently in control of your party

Havertz10:
well bb didn’t tell the sun to stand still for an insignificant battle

Given that it’s the earth that orbits the sun, it means that for that Bible verse to be valid, then it’s the earth that stopped spinning, should we do the maths on what will happen, if that occurs

Never thought of this one. This is the most unbelievable folktale in the Old Testament yet. I thought Noah story was the worst, but this is worse.

raumdeuter:
Self preservation is what I am doing at every point. All the people who claim they are for you are just about their agenda. No one really cares for you

If Whites are out of the way then we start other form of segregation like was done in Liberia where Foreign blacks discriminated African blacks, Even in a place like Naija we have everyone saying stupid stuff about people not from their side, Hausa vs Yoruba, Yoruba vs Ibo, Ibo vs Hausa

A fellow Black/Naija guy where we all shouted about oppression from whites will not hesitate to dish it out to you. And it goes down and down until the family unit. Even family sef not everyone likes you,

My summary is no one really likes anyone we only bind together when its time to fight someone else different from us

So you admit the power holders in your party don't like you.

How would you feel to live in their world. I'm not talking of the compassionate conservatives like Bush and Romney that will build a society where you can take care of your family.

I am talking of your current power brokers who will build a world where there are no opportunities for you, where you'll be struggling to eat. Let's say guys like below (seen with his interns) are in power in all sectors of society

raumdeuter:
Why should I draw the line when there is a variation of this everywhere even in my own country of origin we do worse when we are all black skinned

They are at liberty to do whatever they want the same way we do in Naija where Northerners, Easterners and Westerners throw tantrums about foreigners(fellow Nigerians) coming to take our best opportunities

Or should we hold these people to some sort of higher standards than our own people do?

I dont care about some people like me some people don't like me. Its mostly done to push an agenda when you are in you subgroup of those who "Like" each other thats when you see other differentiating factors and at the end of the day. All man is for himself, Only common interest binds us

At some point, self preservation must kick in, no?

What is that point for you?

Havertz10:
common ibime, everybody knows that Russia removed dollar from its sovereign wealth fund and had been offloading all its foreign reserves in dollars for years, it has been buying gold, it’s one of the reasons people say that Putin thought about these sanctions prior to the invasion

besides western nation seized more than 300billion in external held reserves from Russia after the invasion, amusingly American did the same thing to Afghanistan took their money and said that they will use it to pay 911 families but that is neither here nor there, gist basically is i’m sure that the screenshot you keep posting is old and assertions that Russians are suffering is misleading

That statement was from their central Bank Governor few days ago

Oga you are too invested in a post-dollar world. You are delving into the world of fantasy, not reality. Russia still held 50% of its reserves in Euros and Dollars and only because they were planning to go to war. They are not stupid.

Every illusory attempt at replacing dollar is appealing to you. Nigga couldn't even tell me one face on a Ruble, but I bet you know Benjamins and Washingtons though.

You want replace dollar when the only people holding Ruble are in Russia. When the only exchange you can trade it on is the really the MOEX exchange? When all Russian companies are forced to convert their money into Ruble and hardly any are allowed to sell Ruble, not even to trade with foreign partners.

And you talk about Ponzi in Crypto. Isn't Ponzi where the same people are just exchanging money between each other?

Ruble is fast becoming an inconvertible currency that you have to trek to MOEX exchange to trade. Have you heard of Cuban Convertible Peso? Perfect peg to the dollar.

Keep hyping command-and-control economics that never end well, every dog knows the moment these are lifted without resolution of sanctions, Russia will tailspin. Keep your funny tales to yourself. Your central bank Governor is begging for her reserves back so she can burn them and stop these Fidel Castro capital controls.

Zonefree:
Turn the treasury to white, then. That's why Anambarians elected you, and stop talking too much!

You think accumulation of wealth is not a continuum?

So if your father left you with debts, are you expected to marry, buy a house etc before settling those debts?

Nigerians need to do away with this mentality that the past is unaccountable. That's what gives our politicians carte-blanche to steal because they know there will be no public will to account for mismanagement after their tenure is over.

Havertz10:
they aren’t because when European countries bring their currency, it gets converted to rubles then its paid to Russian government, guess who gets to keep the foreign currency after that conversion?

Ok, I should listen to you instead of their Central Bank Governor?

Havertz10:
you keep diluting the conversation with plenty unnecessary analogies, it’s very simple, currency manipulation can be done by 2 means, either the country pegs it’s currency exchange at a particular figure and uses its reserves to satisfy demand at that figure or they use demand pressure to appreciate it, china does the latter a lot that’s why they are called currency manipulators, America does the former, Russia simply took an economic principle and weaponized it to their benefit,

Now you are confusing yourself with English about economic principles you just learned. Make the above plain. Are they burning through their reserves or not?

I will remind you of your initial stance below.

Please be clear, are you saying they are not burning reserves, yes or no.

Havertz10:
how are they using up their reserves when its the foreign countries that are bringing their own currency to be converted to rubles, russia gets billions from euro as payment for gas, what russia did that was different here has been explained in a previous post of mine

GloriousGbola:
Dayo will not replace them

His favourite song is I will go down with this ship by Sade

At least at some point, a black man must draw the line

Raumdeuter, your best pals in Hungary planning White Nationalist revival?

https://www.theguardian.com/us-news/2022/may/20/viktor-orban-cpac-republicans-hungary

raumdeuter:
Musk committed the crime in 2016, 6yrs ago but somehow this wasn't reported or newsworthy until he switched sides 4 weeks ago

He probably got an attempted blackmail attempt by the lady and trying to escape with political angle. It's normal for people who have settled to raise dust for more money like Ronaldo accuser.

Musk is known for being very manipulative eg cashing out of Tesla at an unsustainable all time high of $1.2k and manufacturing a tax argument with Warren in order to sell his shares without tanking the stock. Same stock is at $600 today. Not to mention his continuous flouting of SEC rules since 2018, and probably another on the horizon which he will try to blame on politics no doubt.

Havertz10:
you keep repeating the same talking points, they aren’t propping up their currency if the demand pressure is external, I don’t understand you, I have explained how it works in principle, if their measures were counterproductive, why did most European nations reject it at first before succumbing after pressure from Russia

You keep listening to politcians, I'll keep listening to their central bank governor. Not being propped up you say, but living on reserves according to their Central Bank Governor. They even gave you the exact figure they spent in March, $39bln, you still dey argue against numbers. The ruble you talk about has a black market price for most Russians. They literally are not allowed to exchange it, and have to go to their versions of abokifx for a different price. Russia has stopped publishing key economic metrics for the past two months which is a major red flag for a developed economy, but those who track imports say it has fallen by 70% with no inputs into production coming in. Another reason why they don't need foreign currency, but the same reason why their production is grinding down. This is the problem with a command economy. Only the Government is making money from selling oil, but everything else is completely flattened. Their central bank is predicting over 23% inflation and a double digit GDP decline, but keep pointing at ruble like Sani Abacha kept pointing at Naira staying officially at N22 to the dollar throughout his tenure while Nigerians started cooking with firewood for the first time. It's like someone in Lekki who lost his job, and busy spending his savings to stay in Lekki. You will say nothing do am until the day his savings run out and he gast move to Ikorodu.

Havertz10:


If there is anything that is glaringly obvious about black people that i have noticed particularly here, is that when they feel cornered and cant offer rebuttals they result to insults, i’m now a layman lol because you don't have anything to present

inflation in US was 7% pre invasion and rose to above 8% recently, also so many customers goods aren't factored into that calculation, essentially making it pointless, ask most americans what they think about that bullshit stat, inflation is hovering around 15~21% in US

what has bond rates got to do with anything, compared to most major economies, russia has the least amount of foreign debts, obviously because of sanctions, their bond rates will rise, its basic supply and demand, also you wrongly stated that they are propping up their currency with forex, funny how you talk about them running out of forex when I made it clear that they are insisting that foreign payments for their gas is done in rubles, how are they using up their reserves when its the foreign countries that are bringing their own currency to be converted to rubles, russia gets billions from euro as payment for gas, what russia did that was different here has been explained in a previous post of mine


but the ultimate goal is for the currency to appreciate enough to nullify sanctions, by making its convertibility more expensive for European nations sanctioning russia, you see as the rubles appreciates, it will cost more euros to buy gas from russia thus making sanctions beneficial to Russia

i dont even want to get started on American companies, we were here when you guys where boasting that some American companies have valuations that are greater than most nations gdp, when i called it hyperinflation, i was laughed at, now you are regurgitating my statements as rebuttal to me

You done come now. How is layman an insult unless you have economics in your degree title which I do. It simply means someone without specialised knowledge in a specific subject. Discussing economics with political colouration with laymen is always a futile exercise as arguments are oversimplified into their political view. That's why you have managed to conflate the effects of FED balance sheet quantitative tightening and and Fed interest rate rises on stockmarkets with Russia war all in one post, while joining issues more related to the economic response to Covid to hail Russia.

A central bank said they face the biggest crisis since the 1990s fall of USSR just few days ago, and you think they are sipping Pina colada. On every financial metric, they are in way worse shape than the West from Interest rates to inflation to Treasury yields but the West is the one suffering more I guess. The only metric they have managed to do well is spend billions buying their own ruble which nobody wants except forced to, and you say it's all rosy.

Yes, they did burn through $38.8bln in Forex in one month to prop up Ruble, but keep believing what you want.

Like I said, come back in few years when your Hugo Chavez command economy capital controls have played themselves out.

Havertz10:
Russian currency appreciated against the dollar because they insisted that countries buying their gas should pay in rubles that demand for rubles caused its appreciation against the dollar and euro, its currently the best performing currency in the world today

They have very little external debts, along with sanctions that limits capital outflows further appreciating their currency

There is unprecedented inflation in most western countries, in some cases there are even protesters on the streets, the west can afford to pay , people that are at the precipice of hyperinflation can pay for what with colored paper you have been fed too much propaganda, they are a consumer based society and literally depend on foreign manufacturing for most goods, this is a sector that china and east Asia dominates and those guys are not only ignoring western sanctions against Russia but continue to participate in trade with Russia, in fact to protect themselves from secondary sanctions they are trading in their currencies further side stepping American currency and causing inflation to rise in the west and largely America

American companies have lost 7trillion dollars in valuation over the last 2 months

Nearly every intellectual is talking about recession in America, some are even talking about stagflation, worst part is the dynamics at play are so vast that even the central bank is clueless

And the worst part of it all is that while msm will continue to feed people disinformation that Russia is losing the war, the people in power know the truth, Russian military budget is $68billion, American government is preparing military aid worth $40billion as we speak its a republican that is even delaying its fulfillment, do those actions represent a winning side

lol. I wouldn't even know where to start with this. To deconstruct this will take all day but I'll make a small attempt.

Let's start with what keeps the Ruble up. In the absence of real demand, currencies are supported by foreign exchange reserves and Russia Foreign Exchange spent $38.8bln just in the first month of the war to support the ruble. Like I said, we will see how far for Ruble when they run out of foreign exchange. I believe they had $300bln (unseized) at the start of the war. Na so Hugo Chavez start him gragra till his foreign exchange ran out and the Bolivar plummeted. Any big country can implement strict capital controls until they run out of Forex. This includes spending Forex, banning trading of foreign currencies internally, forcing Russian companies to change 80% of their earnings to Ruble, bribing people to save in Ruble at 17% interest rates etc. In the history of markets, no country has implemented these controls and still not suffer down the line. But as far as you are concerned, as long as you see that Ruble artificially propped up, you are satisfied. Nigerians economic understanding never went beyond value of Naira that's why Buhari could deceive Nigerians with $1 to N1 talks.

Russia 1 year and 10 year bond is trading over 10%, US is trading at 2%. Nigeria 1 year is trading at 5% and 10 year bond at 11%. That's the amount of confidence markets have in Russias economic prospects and the cost they put on lending them money - on a par with Nigeria.

Secondly, you are conflating issues with stockmarket. US stockmarkets have been hyperinflated since Covid when the central bank dropped interest rates to zero and started buying up balance sheets. That is a different economic lesson of its own and was always going to fall with interest rate hikes which it has been doing since November last year when the Fed signalled interest rate rises. Again, I won't start to explain how zero interest rates hypercharge stockmarket and return to normal interest rates cool them down again. US indices have only given back half of the gains they got from the low credit environment instituted by the Fed in 2020. S&P500 went from 3,200 before the pandemic to peak at 4,800. It is now at 3,900 (pic below). So in essence those markets have just been unwinding their bubble from the high of all the free money the Fed was injecting into the markets. Same reason I stated last year that I would be switching my pension to a fixed pension to get out of exposure to stock market. Those of us who follow markets have already made provision for what we expect to happen after interest rates start to increase, while laymen like you will be shouting "Up Russia".

As for inflation, like I said, US was already running at 8% before the invasion. This was due to the effect of the greatest fiscal expansion in history due to Covid and was expected to continue. Russia is just another straw ontop of already mounting inflation.

You are just a layman interpreting a confluence of events and ascribing it to Russia. In normal times, this war can't even shake the West beyond a minor inconvenience, but added to the after-effects of Covid, Russia is a useful tool to blame and for Putin bootlickers to hail. Oil price is the same now as it was in 2014 and Gas is nowhere near it was from 2005 to 2009.

Westerners are not stupid. They calculated that they may take a 2% contraction while Russia takes a 20% contraction if they go all out and ban Russia altogether. But you keep hailing oga Putin, the slayer of the West while he and his ministers are worried sick about the real implication for Russia.

You believe what you want to, and we'll come back in a couple of years to compare how this stupidity went for Russia. They actually banked on getting Ukraine to surrender in a few days by which point any economic sanctions will be a fait accompli as the deed would already be done. They never banked on getting trapped there and having sanctions enacted over a long period. Follow all their finance ministers statements and you will see their real concern.

larride:
Reality says otherwise. Record inflations everywhere. Even the UK that you are in is recording inflation. The UN is calling a food crisis situation, Us Secretary of State is saying Russia is using grain as a weapon of war. Hungary, Germany and the likes are buying Russian Gas in rubles.

Thanos said - Reality is often disappointing.

You can keep saying it’s the poor nations that are complaining while ignoring the reality that the world is in currently.

Goodluck with dealing with Putin when they won’t even have food to eat.

lol. You too dey read newspaper. You no know say if inflation even hit 3% for West every newspaper go dey write up and down. During Covid wey GDP crash 20% and we had actual food shortages, nobody starve, you think paying 5 pence more in West will make anyone starve?

Inflation was already 7.9% in US in February before Russia invasion. US inflation currently at 8.5%

You forget the world was dealing with the biggest Govt fiscal expansion due to Covid and inflation was expected to continue. So Russia-Ukraine adding a small amount to what was already in motion. Forget the hyperbole.

When Yankee talking about food shortage, they are talking as global policeman for the poorer countries. They will always get first pickings of what's available.

Havertz10:
can’t believe that you posted this, I had to check your profile twice to be sure that it wasn’t someone else, your assertions are disconnected from reality it’s baffling, nothing you stated is even remotely connected to actual events

Wahala Dey ooo

Wetin be the actual events oga?

larride:
@ibime

Is the sanctions working on Russia?

UN is already complaining of food crisis and want Russia to export its wheat and grains.

Seems like US, EU and their allies sanctioned themselves indirectly.

Also rubles is at a record high.

When did you get degree in economics Sir larride?

Tell me what's happening in Russia in comparison

Laymen only think in weeks and months, economists think in longer time frames. If you don't know, Russia are spending close to $40bln per month in Forex to support their ruble, interest rates are at 17%, their inflation is at 18%, their stockmarket is not trading except for a few companies and they have wrecked any chance of foreign investment going forward. Like I said the West can afford to pay for energy longer than an enemy can stay solvent.

Go and tell bros Putin to stop being belligerent for Africa sake. The West will be OK, it's the poor nations of the world that will suffer. They are not stüpid, and won't let a tyrant do whatever he wants because of the complaints of few hungry men. The Eastern European countries who border Russia are poorer and are even more adamant on dealing with Putin. You worry about how APC Government will cater for Nigerians or go and beg Putin to withdraw. I'm sure some hungry men still begged UK prime minister to allow Hitler to do whatever he wants in Poland so they don't have to pay a couple pence more for bread.